Oanda vs forex.com reddit.

Alternatives to Reddit, Stumbleupon and Digg include sites like Slashdot, Delicious, Tumblr and 4chan, which provide access to user-generated content. These sites all offer their users a way to publicly share photos, information and links.View community ranking In the Top 1% of largest communities on Reddit. Best Oanda pricing model? [wide spread & no commission] vs. [narrow spread + commission] ... Entering a similar trade into the Oanda web app assuming a spread of 1.4 pips costs $19.60. ... r/Forex • Trading small accounts is great discipline, because each trade counts. ...I have both oanda and forex.com ( account was transferred when FXCM stopped operating in the u.s). Oanda has way better spreads and their MetaTrader servers have 4pm daily …I tested Oanda a while back. I think the java based platform wouldn't work so well for me. Seems a little resource needy. I'm using forex.com & MT4. I dislike their in-house forextraderpro platform - zoom and a few other things, but I could probably live with it. MT4 is just more simple, fast enough, and stable. Calculation: Fee adjusted exchange rate to convert GBP to USD = 1.2954 x (1 - 0.5%) = 1.288923. The 100 GBP profit on the trade will result in a credit to a client’s account when it is denominated in USD of: 1.288923 X 100 = 128.89 USD. This is 0.64 USD less than using the straight exchange rate and represents the cost of trading in GBP when ...

NormanConquest • 10 yr. ago. The main draw for Oanda is that they offer no minimum trade sizes. So you can start an account with $50 and literally trade $1 at a time. Or you can do like 1/5th of a microlot and only risk $0.50 on a trade. Their spreads are also quite good. Otherwise their trading platform is horrible. Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. Trade both long and short. Market is available to trade 24/5. Important info: The Forex market trades with leverage. Could be 20:1 or 50:1 - When you enter into a trade, it is done in lots. Buying 1 standard lot = 100,000 units. With 50:1 leverage, you would need $2000 to buy 1 lot. You make money in PIPS.

As with any trading discipline, it requires hard work. It is possible to make money consistently trading forex with the right training, the right tools, and the right broker. OANDA provides practice accounts for this very reason. fxTrade Practice is free to use, it's unlimited, and it allows you to trade with $100,000 of virtual currency.

It doesn't sound like Oanda is the problem. You can't call yourself a trader if you don't trade. The inactivity fee is clearly stated in their terms several times. I use Oanda everyday, and get amazing results, I would even say they're one of the top brokers in the world. I get anywhere from 5-12% ROI daily using Oanda. Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.There’s more to life than what meets the eye. Nobody knows exactly what happens after you die, but there are a lot of theories. On Reddit, people shared supposed past-life memories that made them believe reincarnation could be possible. Do ...3, 100:1 leverage. 50:1 is not too bad but 100:1 gives me more flexibility. 4, Prefer to NDD (ECN or STP), but DD and MM is acceptable if money safety is guaranteed. 5, Regulates with NFA or FCA. 6, Support depositing using credit card. This is cheapest way for me, at least cheaper than wire transfer.

You would encourage scalping only if you are a broker that is hedging his whole book. Oanda reckons that they hedge all trades. I'm not saying that they encourage scalping but they seem to turn a bit of a blind eye. But if you were a market maker that kept all trades in house then scalping would not be allowed. Post 7.

Based on my experience in trading with brokers like FXCM and Fxview- spreads on major pairs are quite competitive in contrast to other CYSEC regulated brokers. You can go for scalping as well. Both of them focus on the basic trading themes that make them really supporting while trading with Forex or CFDs.

Interested in the forex currency trade? Learning historical currency value data can be useful, but there’s a lot more to know than just that information alone. This guide can help you get on the right track to smart investment in the foreig...Founded in 1996, OANDA is a long-standing, highly trusted broker licensed in an impressive seven Tier-1 regulatory jurisdictions. Forex and CFD traders will find plenty to like at OANDA, including strong market research and support for a range of third-party plug-ins and platforms (like MetaTrader 4 and the wildly popular TradingView). The ...I tested Oanda a while back. I think the java based platform wouldn't work so well for me. Seems a little resource needy. I'm using forex.com & MT4. I dislike their in-house …Forex.com vs Oanda Forex.com is a global FX and CFD broker established in 2001. The company is regulated by several financial authorities, including the top-tier Financial Conduct Authority (FCA) in the UK and the US Commodity Futures Trading Commission (CFTC). Forex.com is recommended for forex traders looking for low fees and great …Forex Brokers that accept US clients. As many know, few Forex brokers are currently allowed to offer their services to clients in the United States. Due to the strict regulations that the financial regulatory authorities of that country have, most of the brokers that offer their services to operate in the foreign exchange market to clients from ...How to use OANDA’s Currency Converter. To use OANDA’s free currency converter, type into the relevant field currency names, 3-letter ISO currency symbols, or country names to select your currency. You can convert world currencies, precious metals, or obsolete currencies. You can also access currency exchange rates dating back to January 1990.

Luke Jacobi Contributor, Benzinga April 25, 2023 Oanda and FOREX.com are both major global forex brokers that accept clients from the United States who want to trade in the huge forex...Oanda's service is on par with Pepperstone's and a comparison of their fees shows that Oanda's fees are slightly higher than Pepperstone's. Account opening takes somewhat more effort at Oanda compared to Pepperstone, deposit and withdrawal processes are somewhat more complicated at Oanda, while customer service quality is similar to Pepperstone ...We compared FOREX.com and OANDA spreads, fees, speeds and trading platforms. View our OANDA vs FOREX.com 2023 comparison. Compare Forex.com and Oanda across key criteria like …3, 100:1 leverage. 50:1 is not too bad but 100:1 gives me more flexibility. 4, Prefer to NDD (ECN or STP), but DD and MM is acceptable if money safety is guaranteed. 5, Regulates with NFA or FCA. 6, Support depositing using credit card. This is cheapest way for me, at least cheaper than wire transfer. if you want to use ctrader then pepperstone it is. Pepperstone razor accounts have commission and pretty much raw spreads. I see 0-0.2 pips on eurusd with 6$ round trip. So often 0.6-8pip cost round trip. They offer traditional No comms. Oanda wins for small accounts as they will let you place a trade of 1 unit.

Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.

1. You have a decent account size. Earlier, I mentioned that if you have a $1000 account, it doesn’t make sense to subscribe to TradingView because you need to generate a return of 12%/year to breakeven. But, if your account is larger (let’s say $5000), then it makes sense since you only need 2.4%/year to breakeven. 2.I have both oanda and forex.com ( account was transferred when FXCM stopped operating in the u.s). Oanda has way better spreads and their MetaTrader servers have 4pm daily close. Also I easier to transfer money around and use their api. sgtmashedpotato • 6 yr. ago.OANDA’s Currency Converter allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies. OANDA Rates™ are foreign …I use both, but I am personally a fan Oanda slightly more than Forex.com. The Oanda app is much better in my opinion, and their customer service is better. Some will say spreads are bigger on Oanda, but I haven’t noticed too much of a difference in reality (granted I hold trades for weeks, so a 0.2 difference in spread isn’t really ... MT4 custom bridge: All the advantages of OANDA’s pricing and execution, combined with MT4’s charting and analysis. Plug ins and upgrades: Access our superior technical analysis package as a plug-in and upgrade to use 28 additional tools. Automate strategies: Build trading algorithms and backtest your trading strategies.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.Mind you, This is without adding any additional money and just taking profit after profit after profit the entire time. Profits add up very fast. So to answer your question yes, you can make some serious money in Oanda with common sense and with little effort and very little capital. 1. true.

Aug 29, 2023 · August 29, 2023. Is IG better than OANDA? In our analysis of 23 international regulators across 62 of the best forex brokers, IG is considered Highly Trusted, with an overall Trust Score of 99 out of 99. OANDA is considered Highly Trusted, with an overall Trust Score of 93 out of 99. Learn more about Trust Score.

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Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. For both withdrawals and deposits. Debit. Better and faster. DEBIT. PayPal’s payment processing rates range from 1.9% to 3.5%. Picture this, you deposit 100k and instantly withdraw 100k. You could potentially pay a deposit fee of 2% and a withdraw fee of 2%. You would lose a total of $3960 in two transactions, or even if you were to trade the ...finance_student • 2 yr. ago. Oanda is fine. I've used them quite a bit over the years and they've always been fair about customer service issues. Not trading with them now …finance_student • 2 yr. ago. Oanda is fine. I've used them quite a bit over the years and they've always been fair about customer service issues. Not trading with them now because their spreads are a bit less competitive these days compared to other options. For reference, we have a wiki page about the Canadian regulatory environment and ...323K subscribers in the Forex community. Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas…Margin is the amount of money you need to deposit to make a trade of a certain size. Also keep in mind 50:1 is MAX leverage, only EUR/CAD and EUR/USD offer 50:1 on Oanda. Just Google "Oanda margin requirements" and you'll get the page explaining this. Most pairs are 20:1 on Oanda as seen on the page and with the bottom disclaimer: "The ...Oanda narrowly edges out Forex.com in this category, even though Forex.com has two more regulatory entities governing it than does Oanda. But Oanda …1. ariiza. MT4 is the gold standard for forex trading, however it is extremely outdated. MT5 is much improved, with over 20x execution speed, however it is not backwards compatible with mt4, and not all brokers support it since they have to pay for a whole new set up to get MT5 even if they had mt4 previously.FXCM has more gaps and Oanda has less. Not a big difference so it's up to you. I personally keep all the pairs from each feed in two seperate lists and I keep one for my main analysis and one for anything I'm experimenting with or if I want to mark up a prediction someone made. The_Sh3r1ff. • 3 yr. ago. InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you think Reddit is only a social media network, you’ve missed one of... InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you think Reddit is only...Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ... (I hate MT4 sorry not sorry), and Forex.com wouldn’t supply volume information to TV. Oanda does. Also, Forex.com seems to have more restrictive limits than OANDA does. AGAIN ...

TD Ameritrade has much better software (TD Ameritrade) but they are not built for Forex so the funding and trading is set up for Stocks/Options first, Futures second and waaaay down the road, Forex. Oanda is built for Forex but is not as polished or as powerful. Sensitive-Subject269 • 1 yr. ago. The difference between FXCM / OANDA / Forex.com / ICE symbols are as follows: ICE symbols are composite, meaning they consist of data received from several dozens of contributors, while FXCM, OANDA and Forex.com are separate Forex brokers. The trading hours also differ: Forex.com: Su-Sa 17.00-17.00 (UTC -4 New York).Both brokers support third-party developers and algorithmic trading, but while Oanda enjoys success in the North American market, Interactive Brokers ranks among the leading brokers internationally. Interactive Brokers also delivers a trader-friendly pricing environment versus a more expensive cost structure at Oanda. Features and Platforms.Instagram:https://instagram. best credit restoration companylucid stock price predictionreddit daytrading30 day tbill Interactive Brokers's service is on par with Oanda's and a comparison of their fees shows that Interactive Brokers's fees are similar to Oanda's. Account opening takes somewhat more effort at Interactive Brokers compared to Oanda, deposit and withdrawal processes are more complicated at Interactive Brokers, while customer service quality is ... day trading in robinhoodtop 100 investment companies Oanda's platform is java based or something and a waste of time. However both brokers let you use MT4 also, and you'll probably want to jump around to lots of different brokers if you get serious and so it's a good idea to learn metatrader4 early since pretty much everyone offers it. There's no other difference in their demo accounts. barron auto OANDA and FOREX.com are forex/CFD brokers, yet the two have essential differences. Compared to OANDA, FOREX.com’s high fees and subpar desktop technology are clear disadvantages. CFDs trading fees are quite exorbitant, but forex trading fees are significantly more reasonable. It’s reassuring to know that FOREX.com’s parent firm is …In conclusion, both Forex.com and Oanda offer reliable trading platforms with a wide range of features and tools. Forex.com stands out for its extensive selection of tradable instruments, advanced charting capabilities, and comprehensive educational resources. Oanda, on the other hand, provides a user-friendly interface, competitive …The high-speed trading firm used $40 million to rig prices of thousands of stocks, including eBay, according to U.S. regulators. The HFT firm Athena manipulated closing prices commonly used to track stock performance with "high-powered computers, complex algorithms and rapid-fire trades", the SEC said.